capital requirements

UBS draws up plans to leave Switzerland, sources say

UBS has drawn up contingency plans that include moving its headquarters out of Switzerland or merging with another lender, sources told Reuters. The plans come as Swiss lawmakers write stricter capital rules after the 2023 collapse of Credit Suisse. A…

UBS weighs leaving Switzerland over capital rules, WSJ says

UBS is preparing for the possibility of leaving Switzerland if Swiss lawmakers approve capital rules the bank considers too strict. The Wall Street Journal News Corp reported that executives and consultants are building backup plans as parliament debates the country's…

UBS weighs Swiss exit or paying up as capital defeat nears

UBS is close to losing its fight against tougher Swiss capital rules. According to Bloomberg, that leaves the bank with two options: move its headquarters out of Switzerland, or stay and absorb billions of dollars in extra capital costs. Pressure…

Top European bank CEOs demand moratorium on capital hikes

The heads of eleven of Europe's largest banks have banded together to pressure EU leaders into accelerating regulatory changes they say are needed to unlock lending across the continent, according to Bloomberg.